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Archived Press Releases

  • 6/9/99 7:00 am EDT
    (BUSINESS WIRE)--PHOTO OPP:   See Staples store general managers officially cut the wrapping off the Office 2000 pallet and begin selling the software to customers. Only Staples 24-hour superstores will have the midnight unveiling. All other superstores nationwide will start selling it when the stores open at 7 a.mmore...
  • 5/25/99 7:00 am EDT

    Outsourcing gives eight hours of productivity back to the small business

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced the nationwide rollout of its payroll processing services for small businesses and entrepreneurs, now marketed through all 750 U.S. Staples superstores, direct mail and eventually over the Internet on Payroll processing services is the latest way Staples is taking the cost and hassle out of running a small business. Staples has entered into a co-branded partnership withmore...
  • 5/19/99 7:00 am EDT

    Web Site Owners To Earn Top Dollar For Customer Referrals

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced an e-commerce affiliate program that gives Web site owners the opportunity to earn a commission in exchange for customer referrals to via a link from their sites. "Office supplies, similar to books and music, are frequently purchased items that sell extremely well over the Internet," said Jeff Levitan, senior vice president of "By becoming a Staples.commore...
  • 5/18/99 7:00 am EDT

    Staples' $3.5 Million Investment Brings Total Financing to
    Approximately $18 Million

    SEATTLE and FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (NASDAQ:SPLS - news) and (, the leading Web retailer of wireless phones, service plans and accessories, today jointly announced an e-commerce venture to lead wireless communications sales over the Internet. Additionally, Staples took a minority position in, investing $3.5 million, to bring's total funds raised to nearly $18 million. also announced themore...
  • 5/18/99 7:00 am EDT

    Joint Marketing Agreement To Build E-commerce Business

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS - news) today announced a strategic partnership with, one of the largest single domain name registration services on the Internet and one of five Internet Corporation for Assigned Names and Numbers (ICANN) accredited test-bed registrars. As part of the agreement, Staples invested $7 million in and has formed an aggressive cross-marketing effort to help its small business customersmore...
  • 5/18/99 7:00 am EDT

    Net Income Jumps 47 Percent; Earnings Per Share Increase 38 Percent

    Same-Store Sales Grow 10 Percent for North America, 9 Percent

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS - news), the pioneer of the office superstore industry, today announced net income of $50.3 million, or $.11 per common share on a diluted basis, for the first quarter which ended May 1, 1999, compared with $34.1 million, or $.08 per common share, on a diluted basis, for the prior year. Historical data has been restated to reflect the merger with Quill Corporation under the pooling of interestsmore...
  • 5/12/99 7:00 am EDT

    Avery Dennison Wins Thomas G. Stemberg Award

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced the 1998 vendor awards, recognizing companies that have distinguished themselves by contributing to Staples' continued success. These companies were honored for outstanding new products, store service support, logistics and category development. This is the eighth year Staples has given awards to its vendors. The announcements were made by Rich Gentry, executive vice president,more...
  • 5/3/99 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced an online marketing agreement with CNN Interactive to become the exclusive office supplies merchant for Shop@CNN, CNN Interactive's newest online initiative, also launched today. visitors are 141 percent more likely than the average Web user to make an online purchase, according to a CyberDialogue Visitor Profile Study. "This agreement with CNN, combined with our existingmore...
  • 4/27/99 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today is celebrating the 10th anniversary of its Initial Public Offering, a return on investment that tops 2600 percent for the ten year period, and a five year (FY94 to FY98) compounded annual earnings per share growth of 33 percent. ``When we announced our initial IPO back in 1989, few believed we would be successful but we knew we had a tremendous retail concept,'' said Staples Chairman and Chief Executivemore...
  • 4/26/99 7:00 am EDT

    Office Supplies Retailer Expands European Presence

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced that it has launched its Quill catalog business in the United Kingdom to offer business customers access to competitive pricing, excellent customer service and a wide selection of office supply products. "Europe is a target growth region for Staples and we see tremendous potential for the Quill brand to help increase our share of the office supplies business overseas," said Ronald L. Sargent,more...

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